Gorani Industries has announced significant corporate governance updates, including the scheduling of its 30th Annual General Meeting (AGM) and proposals for key board appointments.

AGM Schedule and Auditor Reappointment

The company's Board of Directors has set the date for the 30th AGM, which will be held on Friday, September 26, 2025, at 12:30 P.M. through video conferencing. The board has proposed the reappointment of M/s. Sandeep Surendra Jain and Company, Chartered Accountants (ICAI Firm Registration No. 010172C), as the Statutory Auditors of the company. This appointment, subject to shareholder approval, would extend from the conclusion of the 30th AGM until the end of the 35th AGM.

Proposed Board Appointments

The Board of Directors, based on recommendations from the Nomination and Remuneration Committee, has put forward two significant proposals for board appointments:

1. Ms. Arpita Jain (DIN: 03529691): Proposed appointment as an Independent Director for a five-year term from October 1, 2025, to September 30, 2030. Ms. Jain, a qualified Company Secretary with a commerce degree, brings expertise in corporate governance, compliance, and company law.

2. Mr. Ayush Shukla (DIN: 09057436): Proposed reappointment as an Independent Director for a second five-year term from February 12, 2026, to February 11, 2031. Mr. Shukla has a strong background in corporate law and governance.

Both proposed appointments are subject to shareholder approval at the upcoming AGM. The company stated that these directors meet the criteria for independence as provided in Section 149(6) of the Companies Act and will not be liable to retire by rotation.

Corporate Governance Commitment

These proposed appointments and reappointments reflect Gorani Industries' commitment to maintaining robust corporate governance structures. The company aims to leverage the diverse expertise of its board members to ensure compliance with regulatory standards and to drive strategic decision-making.

The 30th AGM will serve as a platform for shareholders to vote on these important proposals, which are designed to strengthen the company's leadership and maintain its commitment to transparency and corporate best practices.

Investors and stakeholders are advised to review the full AGM notice for comprehensive details on the proposed resolutions and voting procedures.

Gorani Industries Ltd. has announced key decisions following its board meeting held on August 26, 2025. The company has set the stage for its 30th Annual General Meeting (AGM) and proposed significant changes to its leadership and audit structure.

AGM Details and Book Closure

The 30th AGM of Gorani Industries is scheduled for September 26, 2025, at 12:30 PM. In light of ongoing digital transformations, the meeting will be conducted through video conferencing, allowing shareholders to participate remotely.

The company has also declared a book closure period from September 20, 2025, to September 26, 2025 (both days inclusive). During this time, the register of members and share transfer books will remain closed for AGM purposes.

Board Approvals and Proposals

Financial Reporting

The board has approved the Board Report along with its annexures for the financial year ended March 31, 2025. This report will be presented to shareholders during the upcoming AGM.

Auditor Reappointment

Based on the Audit Committee's recommendation, the board has proposed the reappointment of M/s. Sandeep Surendra Jain and Company, Chartered Accountants (Firm Registration No. 010172C), as the company's statutory auditors. This proposal is subject to shareholder approval at the AGM.

Director Appointments

The Nomination and Remuneration Committee has put forward two significant director appointments:

1. Ms. Arpita Jain: Proposed appointment as an Independent Director for a five-year term from October 1, 2025, to September 30, 2030.

2. Mr. Ayush Shukla: Proposed reappointment as an Independent Director for a second five-year term from February 12, 2026, to February 11, 2031.

Both director appointments require shareholder approval at the upcoming AGM. The proposed directors meet the independence criteria as outlined in Section 149(6) of the Companies Act and will not be liable to retire by rotation.

These decisions reflect Gorani Industries' commitment to maintaining strong corporate governance and ensuring continuity in its leadership and financial oversight. Shareholders will have the opportunity to vote on these proposals during the 30th AGM in September.

The board meeting, which commenced at 10:30 AM, concluded at 11:00 AM on August 26, 2025. Gorani Industries has duly informed the BSE Limited of these developments in compliance with SEBI regulations.